Forex : The u.s. Dollar is unchanged as traders remain cautious in the face of tensions in the Middle East

The us dollar remained unchanged Tuesday morning, with traders remaining cautious on the situation in the Middle East.

The Dollar Index, which tracks the greenback against a basket of other currencies was trading for the last time at 96,350 at 10h05, without variation.

The United States does not intend to withdraw their troops from Iraq, said Monday the secretary of Defense Mark Esper, following reports of a letter from the u.s. army informing the responsible iraqi repositioning of troops to leave.

Last week, the us president, Donald Trump has ordered a strike drone in Baghdad and killed the military commander of the iranian Qassem Soleimani, which has increased tensions between the two nations. The iranian leaders have promised to take revenge.

The PMI non-manufacturing ISM is expected later in the day. Factory orders data and the trade balance are also expected.

On Monday, the data showed that the u.s. manufacturing sector was the most contracted in December in more than a decade, with order volumes falling to a low of nearly 11 years and the employment in factories declined for a fifth consecutive month.

On the front of a commercial sino-american, Washington and Beijing are expected to sign an agreement for phase one on January 15.

During this time, the yen’s refuge won on Monday in a context of geopolitical tensions increased, but has lost its impetus today and was down 0.1% against the u.s. dollar.

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